Fees and timelines

Fees

Incorporation costs in Year 1 amount to US$8,300 and annual company costs in Year 2 and thereafter amount to US$1,150. The average total fees per engagement amounts to US$25,750 including Tanzania company incorporation, registered Tanzania office, estimate of government fees and bank account.

  Private LLCPublic LLCBranch OfficeRep Office
1Average engagement costsUS$25,750US$27,900US$32,850US$28,370
2Draft Invoicedraft invoice for Tanzaniadraft invoice for Tanzaniadraft invoice for Tanzaniadraft invoice for Tanzania

Click here to create your own Tanzania invoice

Timelines

The average Tanzania business registration period is 15 weeks as outlined below:

 ServicePrivate LLCPublic LLCBranch OfficeRep Office
1.Engagement planning2 weeks1 week1 week1 week
2.Company incorporation period7 weeks7 weeks10 weeks10 weeks
3.Corporate Bank Account approval4 weeks4 weeks4 weeks4 weeks
4.Corporate internet banking approval3 weeks3 weeks3 weeks3 weeks
Engagement completion1 week1 week1 week1 week
Total engagement period17 weeks16 weeks19 weeks19 weeks

tanzania business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Tanzania, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Karen Lee, directly:
client relationship officer - Karen